Quote from @Femi Alakija: As a newbie, I plan to gain a deep understanding of real estate fundamentals, including financing, property evaluation, and market trends. 

A large landlord might have some employees to handle turnovers.

However, I always have to ask myself what decision do I make today if I am evaluating the consequences 2-5 years from now. 

I am evaluating my options at this point. 

Most of my renters are nurses, engineers, and tax payer funded employees (Government workers). 

There are 76 mm baby boomers about to leave say 30mm homes in the next 10 to 20 years.In Orlando do your employees or sub contractor employees lowest wage get paid $40 per hour or around $90k for a single person?  

i then evaluate it and i buy it or i don't. 

Step-by-Step Process for Evaluating a Flip:Find the Deal: Use platforms like MLS, foreclosure auctions, or network with wholesalers.Run the Numbers: The 70% Rule is a good starting point.

Your credit, investment history and bank statements will likely be evaluated and you'll need to personally guarantee the loan, but you can close under your LLC.

Hi Rene,I typically focus on cap rates rather than just cash flow numbers when evaluating properties.